TechWhy Mastercard’s $25 billion crypto expansion isn’t what it seems
SoFi Bank and Mastercard have put SoFiUSD settlement into production for SoFi’s debit and credit card program, with transactions moving onto a blockchain as migration continues. SoFi projects more than $25 billion in annualized card volume after completion but has not disclosed how much has actually settled in the token. Merchants can receive dollars in a bank account without holding SoFiUSD, while token redemption is governed separately.
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CryptoSlate★★☆☆☆2026-09-23 12:30Original
Why Mastercard’s $25 billion crypto expansion isn’t what it seems
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